Huge potential for pre-engineered buildings in India

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MUMBAI: With India’s thrust on manufacturing and growth in e-commerce segment, Everest Industries is eyeing Rs 500-crore revenue from its pre-engineered buildings (PEB) business this fiscal.

“The ‘Make in India’ programme is set to give a boost to the manufacturing sector. With the growth in the e-commerce segment, the demand for logistic infrastructure like warehousing will also on rise, which is a huge opportunity for our PEB business,” stated Manish Garg, CEO Everest Steel Building Solutions.

Besides, demand for PEBs is also expected to see a rise from industries sector, especially auto and electronics. Also, there is a potential scope in setting up of schools, hospitals, educational institutions and exhibition centres among others, he added. The company, which is engaged in two businesses building products and PEBs had clocked Rs 1,230 crore revenue in the last fiscal, with the steel buildings division contributing nearly Rs 340 crore.

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2 thoughts on “Huge potential for pre-engineered buildings in India

  1. The success of any business depends on how cost effective it is to run and how effective is the product for the consumer. Both these factors deliver extremely positive results as far as pre-engineered buildings are concerned. This is one of the prime reasons for their success and also the entry of various enterprises in the segment.

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